Domestic Economy

Iran's Non-Oil Trade With Caspian Countries Crosses $2 Billion

Iran exported a total of 2.46 million tons of non-oil goods worth $1.2 billion to Caspian Sea littoral states last year, registering a decline of 19.58% and 8.70% in tonnage and value respectively, while imports stood at 1.69 million tons worth $850.03 mi
Non-Oil Trade With Caspian Countries Crosses $2 Billion
Non-Oil Trade With Caspian Countries Crosses $2 Billion

Iran’s total non-oil trade with Caspian Sea littoral states in the last fiscal year (ended March 20, 2018) reached 4.15 million tons worth $2.05 billion, marking a 32.64% and 35.43% decline in tonnage and value respectively compared to the year before.
The figures were culled by Financial Tribune’s analysis of Islamic Republic of Iran Customs Administration’s statistics.
Iran exchanged $101.23 billion worth of non-oil goods with other countries in the fiscal 2017-18, up 15.5% compared with the year before, IRICA reported. 
Exports during the 12-month period hit 132.3 million tons worth $46.93 billion, indicating a 6.56% rise as imports amounted to 38.73 million tons worth $54.3 billion, up 24.31% YOY. 
The above figures indicate that Iran’s non-oil trade with Caspian states accounted for 2.02% of the country’s overall foreign trade last year.


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